In re Lemp

We think the referee properly surcharged The Harriman National Bank and Trust Company of the City of New York in the various amounts stated in the report of said referee, except that the referee erroneously surcharged said bank in the sum of $268.75, the amount of the profits in connection with the purchase of bonds by the Louis Lemp Trust. The order appealed from should be modified by deducting the amount of said profits from the surcharge. It should also be modified by disallowing interest on the petitioner’s claim for the period subsequent to March 3, 1933, the date of the closing of The…